Saudi Arabia’s state-owned oil giant Aramco said on Sunday it boosted its dividends last year despite net profit falling to $121.3 billion (down 25% YoY) from a record $161.1 billion in 2022 on lower oil prices.
The profit was still the company’s second-highest on record, it said. Aramco boosted total dividends for the year by 30% to $97.8 billion.
